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Trump Models is closing – Business Insider



Fashion Forward March 2017 held at the Dubai Design District on March 25, 2017Cedric Ribeiro/Getty Images

Trump Models, the
modeling agency that President Trump founded in 1999, is closing.

A Trump Organization spokesperson
told
the New York Post Friday evening: 

“On
the heels of the recent sale of the Miss Universe Organization,
the Trump Organization is choosing to exit the modeling
industry.”

“While we enjoyed many years of success, we are focused on
our core businesses in the real estate and golf industries and
the rapid expansion of our hospitality division.”

The news of the closure comes soon after more
lengthy reports
 that the agency had been
struggling. 

Sources within the modeling
industry had
told Mother Jones
that Trump Model employees were
scrambling to get out,” and earlier this month,
a former manager at the agency left to create his
own.

Earlier this year, Business Insider
interviewed
two former Trump models. They spoke candidly
about their experiences working with the agency, saying that they
were told to lie about their professions to customs agents. One
of the two models said she was left in debt to the agency.

The agency was founded by Trump in 1999, and according
to his most recent financial disclosures, he owned an 85% stake
in the company.
 



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